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Saudi basks in Trump glow, most of region moves little

RIYADH / Reuters Saudi Arabia’s stock market outperformed a sluggish region on Sunday after US and Saudi companies signed over $200 billion of deals during the visit to Riyadh by President Donald Trump. Few of the deals involved listed Saudi companies, and many had been previously announced, or were merely memorandums of understanding that might never lead to concrete projects. ...

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Etihad Airways to launch A380 flights to Paris

Abu Dhabi / Emirates Business Etihad Airways on Sunday announced the year-round deployment of its award-winning Airbus A380 aircraft on the Abu Dhabi to Paris route. The superjumbo, which features ‘The Residence’ – the world’s first three-room suite on a commercial airliner – will operate from July 1 on one of its twice-daily services from UAE’s capital city to the ...

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Wal-Mart’s online sales soar as retail giant pursues Amazon

Bloomberg Wal-Mart Stores Inc. gained momentum in its fight against Amazon.com Inc., with its online sales growing at their fastest clip in at least five years. The e-commerce business saw gross merchandise volume — a measure of all the goods it sells online — soar 69 percent in the first quarter, Wal-Mart said. Total revenue climbed 1.4 percent to $117.5 ...

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